LOS ANGELES CAPITAL RECOGNIZED IN PENSIONS & INVESTMENTS BEST PLACES TO WORK IN MONEY MANAGEMENT FOR MEDIUM SIZED EMPLOYERS
Los Angeles, CA (Dec. 16, 2020) Los Angeles Capital was recognized in the 2020 Best Places to Work in Money Management awards announced by Pensions & Investments today.Presented by Pensions & Investments, the global news source of money management, ninth-annual survey and recognition program is dedicated to identifying and recognizing the best employers in the money management industry.
The management team at Los Angeles Capital has strived to create an environment that rewards innovative thinking and encourages a team-oriented culture. While the Firm is always looking for ways to enhance the investment process, Los Angeles Capital also seeks to maximize the participation of every team member. The result is an investment approach that requires contributions from colleagues across functional areas of the Firm including research, portfolio management, trading and operations. Below are a few of the key dynamics that contribute to the Firm’s collaborative culture:
- Ownership is spread broadly across the Firm with 31 employee shareholders
- All investment professionals are invited to participate in investment and portfolio review meetings to facilitate communication between groups, especially between Research and Portfolio Management
- Support for employee led resource groups embracing the areas of Diversity and Inclusion, Corporate Social Responsibility, and ESG
“In this very unusual year, we learned again that employers that consider the overall wellbeing of their employees are regarded well. The best employers in 2020 are those that have stepped up with policies and practices to support and protect employees’ physical and emotional health, while continuing to keep the focus on clients’ needs,” said P&I Editor Amy B. Resnick. “Our surveys found that the employers on the list were likely to work hard to sustain their corporate cultures, even during times of pandemic lockdowns and continuing to work from home in many cases.”
The Management Team at Los Angeles Capital is committed to the well-being of our employees and prioritizes health and safety above all. We have taken precautions in the interests of maintaining a safe and healthy environment, including regularly disseminating guidance to all employees warning about the risks associated with the outbreak, advising of federal, state, and local developments designed to prevent spread and transmission, and implementing guidance issued by local health authorities. The Firm cares about the mental health and well-being of employees and has issued care packages and has hosted a virtual wellness event to help navigate these unprecedented times. The management team at Los Angeles Capital has always had a focus on encouraging employees to be mindful of the needs of others in the local community. Employees are committed to being involved in meaningful programs and organizations that seek to improve the lives of others.
Pensions & Investments partnered with Best Companies Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies.
For a complete list of the 2020 Pensions & Investments’ Best Places to Work in Money Management winners and write-ups, go to www.pionline.com/BPTW2020.
About Pensions & Investments
Pensions & Investments, owned by Crain Communications Inc., is the 48-year-old global news source of money management. P&I is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations, and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit us at www.pionline.com